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City Central Multifamily Homes & Duplexes for Sale

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    $875,000

    • 4 Beds
    • 4 Baths
    • 2,400 Sq Ft

    143 20th St, Richmond, CA 94801

    Welcome to an investment opportunity. This property offers a good rental history, each of the units has their own parking space and storage. Discover future possibilities, potential for rent increases. It is located within close distance to BART, public transportation, within minutes to the Richmond-San Rafael bridge and within 20 minutes to San Francisco.Discover future possibilities and

    Nelly Rickert Br Realty

    143 20th St, Richmond, CA 94801
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    $995,000

    • 10 Beds
    • 4 Baths
    • 4,488 Sq Ft

    1401 Bissell Ave, Richmond, CA 94801

    Professionally managed and fully occupied, this Bay Area investment provides immediate stability and robust cash flow. Verified 2024 financials show an annual rental income of $88,927 plus $809 in parking revenue, totaling $89,736 in gross income, and a $54,360 NOI. Transparent expenses include $14,448 in taxes and $4,117 in insurance, minimizing volatility. Projected 2025 gross scheduled income

    Colin Davies Security Pacific Real Estate

    1401 Bissell Ave, Richmond, CA 94801

Why Live in City Central

City Central in Richmond is an industrial neighborhood experiencing a revitalization. Amidst warehouses and empty lots, residents enjoy local gardens, parks, and small businesses. The neighborhood features a mix of bungalows and split-level homes, with some dating back to the 1920s. Homes rarely come on the market and can remain available for up to two months. The area is one of the more affordable parts of the Bay Area, with condos under 1,000 square feet ranging from $300,000 to $500,000, and larger split-level bungalows with three bedrooms and small yards priced between $600,000 and $700,000. The neighborhood offers various features for recreation and dining. Dirt World, a free community BMX and skate park, provides an adrenaline rush for thrill seekers, while Urban Tilth’s community garden produces thousands of pounds of fruit. Richmond Plunge, a historic swim center in nearby Point Richmond, is just a 2-mile drive away. Dining options include Lidia’s Restaurant, which serves Mexican and Italian dishes, and Snapper’s Seafood Restaurant, known for its red snapper and catfish specials. Grocery shopping is convenient with local markets like La Tiendona Market and Produce, Joe’s Market, and La Raza Market and Taqueria. City Central is well-connected with easy access to Interstates 80 and 580, making San Francisco just 16 miles away. Public transportation options include BART, Amtrak, and AC Transit Local Bus lines, all with stops within walking distance. The neighborhood is also bike-friendly, allowing residents to explore and run errands on two wheels.

Home Trends in City Central, CA

Housing Trends

Median Sale Price
$370,500
Median Single Family Sale Price
$399,000
Median Townhouse Sale Price
$845,000
Median 2 Bedroom Sale Price
$237,449
Average Price Per Sq Ft
$333
Number of Homes for Sale
9
Last 12 months Home Sales
22
Months of Supply
4.90
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-42%
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